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508 Delphi Ave, Frankfort, IN, 46041

5beds
3baths
2,105sqft
$280,000
$133price/sqft
$2,004/moest. monthly cost
$80,160/yrincome needed

About This Home

Welcome to 508 Delphi Ave in Frankfort — a beautifully completely remodeled 5-bedroom, 3-bath home that combines modern updates with timeless charm. This spacious home features an open and inviting layout with stylish finishes throughout, offering plenty of room for family living, entertaining, or working from home. The stunning fireplace creates a warm focal point in the main living area, while the updated kitchen and bathrooms showcase quality craftsmanship and contemporary design. Each bedroom offers generous space and natural light, and the flexible floor plan provides comfort and functionality for any lifestyle. One of the standout features is the amazing garage - perfect for vehicles, storage, hobbies, or a workshop setup. With extensive renovations inside and out, this move-in-ready property delivers the fee of a brand-new home while maintaining classic character.

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

3/10
7/10
Frankfort Middle SchoolGrades 6-81.7 mi
3/10

Construction

Condition

  • Year built: 1937

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 170

Features

  • Flooring: Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,105

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,105
  • Total interior livable area: 2,105 sqft

Kitchen

  • Level: Main
  • Area: 120

Living Room

  • Level: Main
  • Area: 360

Property

Details

  • Parcel number: 121003452012.000021

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 10,018 sqft
  • Features: Level
  • Lot size dimensions: 66x152

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Tornado
Winter Weather
Heat Wave
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,415$16,980
Home Insurance *$169$2,028
Property Taxes $228$2,736
Electricity $192$2,315
Total$2,004$24,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,708/yr
40% on housing$60,120/yr
45% on housing$53,440/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.9%
-2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$133This listing

vs Other Active Listings

Avg $/sqft

ZIP 46041$122
Clinton County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 46041$160
Clinton County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$295,000

For Sale by Agent

AgentEmily Ramos
BrokerageTrue Realty

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